(updated - 08 Feb 2012)
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Following are the key corporate results for the quarter ended December 2011 announced on February 7:
Utility vehicle maker Mahindra & Mahindra (M&M) has posted consolidated net profit after tax of Rs 7.05 billion for the quarter ended December 31, 2011 as compared to Rs 6.08 billion for the quarter ended December 31, 2010, representing an increase of 15.95%. Total consolidated income has increased from Rs 61.75 billion for the quarter ended December 31, 2010 to Rs 82.56 billion for the quarter ended December 31, 2011, representing an increase of 33.70%. On the standalone basis, the company has posted net profit of Rs 6.62 billion for the quarter ended December 31, 2011 as compared to of Rs 7.34 billion for the quarter ended December 31, 2010. This was due to forex loss of Rs 1.41 billion, representing a decrease of 9.81%. Total income has increased from Rs 61.21 billion for the quarter ended December 31, 2010 to Rs 83.86 billion for the quarter ended December 31, 2011, representing an increase of 37%.
Cadila Healthcare has posted consolidated net profit of Rs 1.49 billion for the quarter ended December 31, 2011 as compared to Rs 1.62 billion for the quarter ended December 31, 2010, representing decrease of 7.90%. Total consolidated income has increased from Rs 11.67 billion for the quarter ended December 31, 2010 to Rs 13.83 billion for the quarter ended December 31, 2011, representing an increase of 18.55%.
Bajaj Corp has posted a net profit of Rs 288.75 million for the quarter ended December 31, 2011 as compared to Rs 194.04 million for the quarter ended December 31, 2010 representing an increase of 48.81%. Total income has increased from Rs 861.59 million for the quarter ended December 31, 2010 to Rs 1,125 million for the quarter ended December 31, 2011, representing an increase of 30.57%.
Opto Circuits has posted consolidated net profit of Rs 1,251 million for the quarter ended December 31, 2011 as compared to net profit of Rs 956.75 million for the quarter ended December 31, 2010 representing an increase of 30.74%. Net sales on consolidated basis has increased from Rs 4.17 billion for the quarter ended December 31, 2010 to Rs 6.11 billion for the quarter ended December 31, 2011, representing an increase of 46.36%.
IL&FS Transportation Networks has posted consolidated net profit of Rs 878 million for the quarter ended December 31, 2011 as compared to of Rs 616.3 million for the quarter ended December 31, 2010, representing an increase of 42.46%. Total consolidated income has increased from Rs 7.33 billion for the quarter ended December 31, 2010 to Rs 12.68 billion for the quarter ended December 31, 2011, representing an increase of 73%.
Bharat Gears has posted a net profit of Rs 82 million for the quarter ended December 31, 2011 as compared to net profit of Rs 36.5 million for the quarter ended December 31, 2010 representing sharp increase of 2.25 times. Net sales has increased from Rs 844.2 million for the quarter ended December 31, 2010 to Rs 1,119.3 million for the quarter ended December 31, 2011, representing an increase of 32.59%.
JM Financial has posted consolidated net profit of Rs 286.9 million for the quarter ended December 31, 2011 as compared to net profit of Rs 595.01 million for the quarter ended December 31, 2010, representing decrease of 51.78%. Total consolidated income has decreased from Rs 2.76 billion for the quarter ended December 31, 2010 to Rs 1.91 billion for the quarter ended December 31, 2011, representing decrease of 31.01%.
Mangalam Cement has posted net profit of Rs 260.95 million for the quarter ended December 31, 2011 as compared to net loss of Rs 25.34 million for the quarter ended December 31, 2010. Total income has increased from Rs 1.10 billion for the quarter ended December 31, 2010 to Rs 1.72 billion for the quarter ended December 31, 2011, representing an increase of 56.36%.
JK Lakshmi Cement has posted a net profit of Rs 492.4 million for the quarter ended December 31, 2011 as compared to net profit of Rs 46 million for the quarter ended December 31, 2010, representing steep rise of 10.7 times. Total income has increased from Rs 3,153.3 million for the quarter ended December 31, 2010 to Rs 4388.1 million for the quarter ended December 31, 2011, registering an increase of 39.15%.
Arshiya International has posted a net profit of Rs 131.38 million for the quarter ended December 31, 2011 as compared to net profit of Rs 75.20 million for the quarter ended December 31, 2010, representing sharp increase of 74.70%. Total income has increased from Rs 1,146.9 million for the quarter ended December 31, 2010 to Rs 1,528.5 million for the quarter ended December 31, 2011, registering an increase of 33.27%.
ARSS Infrastructure Projects has posted a net loss of Rs 123.6 million for the quarter ended December 31, 2011 as compared to net profit of Rs 261.1 million for the quarter ended December 31, 2010. Net sales has decreased from Rs 3.03 billion for the quarter ended December 31, 2010 to Rs 2.32 billion for the quarter ended December 31, 2011, representing decrease of 23.24%.
Top Q3 Results 2011-2012